Technology stocks led a broad market decline on Friday, with the S&P 500 and Nasdaq falling over 1%. Concerns over an AI bubble, fueled by Broadcom and Oracle’s warnings, coupled with rising Treasury yields, pressured investors. Anticipation of key labor and inflation data also contributed to market caution.
Bearish move or buying opportunity? Geojit’s Anand James on Nifty levels and top stocks to watch
Market volatility surged following a late-Friday sell-off, with MSCI rebalancing and global cues cited as triggers. Geojit Financial Services’ Anand James identifies key Nifty support